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174. Principles of Economics: Interviews with Tom Woods

The Bitcoin Standard Podcast

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The Difference Between Unemployment on the Free Market and Unemployment Under Stateism

The two main ways in which unemployment is created are monetary policy and minimum wage loss. Those two things are what produce unemployment free realistically because in the absence of those two things, we live in a world in which prices are constantly declining. The difference between unemployment on a free market and unemployment under stateism? What do you actually mean by that? You know, I mean, it was just dumb.

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